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Tesla rated Buy on potential merger with SpaceX into X HoldCo, targeting $350/share with $450 bull case.

Analyst Insights
10 Jun 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Tesla is rated Buy due to a potential merger with SpaceX forming a new holding company called X. This merger would combine Tesla's strong cash flow with SpaceX's growth potential, creating a unique industrial-AI investment opportunity. The new structure would allow Elon Musk to maintain control while attracting broader investment. The 12-month price target is $350 per share, with a bullish scenario reaching $450, reflecting optimism about the combined company's future.

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